Wednesday, July 25, 2012

Panel okays Dreamliner delay claim

New Delhi: A group of ministers (GoM) today approved the compensation demanded by Air India from US aircraft maker Boeing for a four-year delay in the delivery of Dreamliners.
“The GoM considered it and now we will send it to the CCEA (cabinet committee on economic affairs). It will be taken up whenever the next CCEA meeting is held,” civil aviation minister Ajit Singh said after a meeting of the GoM headed by home minister P. Chidambaram.
A meeting of the CCEA is likely to be held tomorrow.
Singh, however, refused to divulge the compensation amount on the grounds of confidentiality of the agreement between the aircraft manufacturer and the national carrier.
Last year, the airline’s previous chairman and managing director Arvind Jadhav had spoken of an over $700-million claim.
Sources said the figure could now have been raised to $1 billion.
25/07/12 The Telegraph
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